Value of biotech sector worldwide 2021, by therapeutic area

Published by
Matej Mikulic,
Aug 28, 2023
As of November 2021, the total biotech value worldwide focused on oncology stood at around 217 billion U.S. dollars, while the value of the subsector focused on rare diseases was around 64.2 billion U.S. dollars. This statistic illustrates the total value of the biotech sector worldwide as of November 2021, by therapeutic area.

Total value of biotech sector worldwide as of November 2021, by therapeutic area* (in million U.S. dollars)

CharacteristicTotal value in million U.S. dollars
Oncology 216,861
Neurology 64,216
Rare Disease 64,183
Vaccines 24,796
Virology 22,907
Respiratory 21,170
Ophthalmology 16,839
Broad/Platform 15,604
Immunology 13,633
Renal 12,291
Cardiometabolic 10,420
Gastroenterology 9,419
Endocrinology 8,587
Showing entries 1 to 13 (17 entries in total)
Created with Highcharts 7.2.2Total value in million U.S. dollars216,861216,86164,21664,21664,18364,18324,79624,79622,90722,90721,17021,17016,83916,83915,60415,60413,63313,63312,29112,29110,42010,4209,4199,4198,5878,5873,9973,9973,7433,7433,4473,4472,0672,067OncologyNeurologyRare DiseaseVaccinesVirologyRespiratoryOphthalmologyBroad/PlatformImmunologyRenalCardiometabolicGastroenterologyEndocrinologyHematologyBone & OsteoWound CareAnti-Infectives
010,00020,00030,00040,00050,00060,00070,00080,00090,000100,000110,000120,000130,000140,000150,000160,000170,000180,000190,000200,000210,000220,000230,000240,000

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Release date

November 2021

Region

Worldwide

Survey time period

as of November 5, 2021

Supplementary notes

* Value here means enterprise value of publicly-traded biotech sector and selected private companies where value is public.

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